Cancels Tender Offer and Evaluates Better Opportunities with its Banks National Integration to be Complete by Early Spring 2009 YRC Worldwide Inc. announced that it is in discussions with its banking group to modify certain terms of its credit facilities that would enhance the company’s financial flexibility including changes to its leverage ratio. The company’s [...]
Charitable Donor Guidelines by Strategic Philanthropy, Ltd. The beneficiaries of philanthropic dollars are holding their collective breath to see who else among their donors will be affected by the likes of a Madoff scandal. Betsy Brill of Strategic Philanthropy, Ltd. sheds light on a critical topic in 2009 via a handy Top 10 Due Diligence [...]
Financing continues to be a challenge while distressed opportunities across industries are available for interested buyers. Innovation will be key for private equity as the industry evolves in the new climate The year 2008 was a challenging period for dealmakers. Mergers and acquisitions (M&A) in the United States (U.S.) were hampered by an ever dwindling [...]
Nearly 40% of Respondents Expect Further Layoffs in the New Year More Than 1/3 Have Plans to Reduce Bonuses Firm-wide As CFOs of American companies reflect on the past year and look toward 2009, they reveal their confidence in the nation’s economy and their own businesses is alarmingly low, and also acknowledge the increased responsibility [...]